ARAQUARI – Korean elastane manufacturer Hyosung has announced plans to expand in Brazil by establishing an additional capacity of 10,000 tonnes for the South American market.
The decision comes soon after the firm unveiled expansion plans in Turkey, with a new site in Cerkezkoy set to be built.
The company’s chairman Cho Hyun-joon says this flurry of activity epitomises its commitment to being an industry leader. “We will support these markets by providing ongoing innovation and solutions, which Hyosung is known for,” Hyun-joon said.
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